Winners’ Handbook - Illinois Lottery

million for Lotto: • Approx. cash option: $7,042,000 • Winner receives: $5,003,341 after federal and state taxes If you choose the annual payment option, based on a $12 million Lotto jackpot: • Winner receives: An initial payment of $181,000 and 29 additional annual payments with a graduating 5% payment each year. State ................
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